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What is the basic earnings per share

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Question - Marcy Company had net income of $60.000, paid preferred dividends of $3,000, had weighted average number of common shares of 30,000, and had preferred shares of 1,500. What is the basic earnings per share?

1. $3.00

2. $2.11

3. $2.00

4. $1.90

Reference no: EM132251211

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